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Canadian Financial Close: Recession fears push down markets

By MarketsFarm WINNIPEG, August 12 (MarketsFarm) – The Canadian dollar was lower at market close on Monday, as fears of the United States/China trade war causing a global economic recession gripped the stock markets. The loonie finished the day at US$0.7556 or US$1=C$1.3234, which compares with Friday’s close of US$0.7564 or C$1.3221. The TSX/S&P Composite […] Read more

Canadian dollar and business outlook

WINNIPEG – The Canadian dollar was holding steady Monday morning. At 9:01 CDT Monday morning the Canadian dollar was at US$0.7562 or C$1.3224 which compares with Friday’s North American close of US$0.7564 or C$1.3221. Ongoing concerns over the trade war between the United States and China weighed on North American equity markets on Monday, with […] Read more


Canadian Financial Close: Canadian dollar remains around 75 U.S. cents

By MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – The Canadian dollar gained on Friday, due to supportive crude oil values. The dollar finished the day at US$0.7564 or US$1=C$1.3221, which compares with Wednesday’s close of US$0.7543 or US$1=C$1.3257. Global equities finished in the red today due to continued moves in the trade war between the U.S. […] Read more

Canadian Dollar and Business Outlook: Loonie, crude up while markets, gold down

By MarketsFarm WINNIPEG, August 9 (MarketsFarm) – The Canadian dollar was up Friday morning, due to strong increases in crude oil prices. As of 9:28 CDT, the Canadian dollar was at US$0.7565 or C$1.3283. That compares to Thursday’s North American close of US$0.7543 or C$1.3257. Crude oil prices were higher Friday morning, as European inventories […] Read more


Canadian Financial Close: Canadian dollar stays around 75 U.S. cents

By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The Canadian dollar gained on Thursday, as global stock indexes continued to rebound. The dollar finished the day at US$0.7543 or US$1=C$1.3257, which compares with Wednesday’s close of US$0.7506 or US$1=C$1.3322. Global equities erased losses from earlier this week, rebounding due to strong performances in the technology sector. […] Read more

Canadian Dollar and Business Outlook: Loonie on the rise

By MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The Canadian dollar was stronger Thursday morning, on expectations the economy will remain strong and withstand the adverse effects of the United States/China trade war, according to a Reuters poll. As of 9:00 CDT, the Canadian dollar was at US$0.7528 or C$1.3283. That compares to Wednesday’s North American […] Read more


ICE canola stronger Thursday

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 8 (MarketsFarm) – The ICE Futures canola market was up on Thursday morning. Soybean prices on the Chicago Board of Trade were stronger Thursday morning, providing some optimism for canola values. Traders are starting to position themselves ahead of the United States Department of Agriculture (USDA) World Agriculture Supply […] Read more

Canadian Financial Close: Canadian dollar falls to 75 U.S. cents

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar fell to around 75 U.S. cents on Wednesday, as global stock indexes bounced back from a rocky start to the week. The dollar finished the day at US$0.7506 or US$1=C$1.3322, which compares with Tuesday’s close of US$0.7545 or US$1=C$1.353. Several international central banks cut interest […] Read more


Canadian Dollar and Business Outlook: Loonie falling to start Wednesday

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar was down Wednesday morning, with losses approaching a half cent. As of 8:44 CDT, the Canadian dollar was at US$0.7502 or C$1.3321. That compares to Tuesday’s North American close of US$0.7545 or C$1.3253. Crude oil prices were dropping Wednesday morning, as the U.S./China trade war […] Read more

Canadian Financial Close: Canadian dollar holds around 75 U.S. cents

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar remained around 75 U.S. cents, as world economic superpowers remain mired in a trade war. The dollar finished the day at US$0.7561 or US$1=C$1.3225, which compares with Friday’s close of US$0.7566 or US$1=C$1.3217. Stock performances bounced back slightly after Monday’s losses after China was accused […] Read more